Black Market: Exchange Rate Naira To Dollar, Pounds, Euro

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) continues its meeting today, it is hoped that the outcome of the meeting will have a positive impact on the exchange rate of the naira to the currencies.

The naira currently exchanges on the black market at N753 when buying and N748 when selling.

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Information gathered from currency dealers reveals that the pound to the naira exchange rate is N920 when buying and N905 when selling.

Also, Euro, the second most traded currency trades at N800 buying and N785 when selling on the black market.

As at Monday, the dollar was bought at N752 and has today gone up by N1.

Dollar to Naira Rate for Past 7 Days

DateBuySell
January 23, 2023752748
January 22, 2023755746
January 21, 2023748744
January 20, 2023746742
January 19, 2023750745
January 18, 2023749744
January 17, 2023748743

 

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Here is the black market exchange rate for the naira to other currencies.

Black Market Exchange Rates

Buying Rate

Selling Rate

Dollar to Naira753748
Pounds to Naira920905
Euro to Naira800785
Canadian Dollar to Naira560540
Rand to Naira3831
Dirham to Naira‎00
Yuan to Naira6262
G.Cedi to Nair8575
CFA F. (XOF) To Naira0.830.81
CFA F. (XAF) To Naira0.740.74

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